Uber to Take $3 Billion Loss on Didi

Uber to Take $3 Billion Loss on Didi

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Uber's strategic decision to take a stake in the Chinese market through DD to maintain exposure after exiting the country. This strategy is now under scrutiny due to regulatory changes in China. The pandemic significantly impacted ride-hailing services, but recovery is underway, as seen in Lyft's recent revenue increase. Uber is expected to report a 56% revenue rise, with analysts anticipating further growth.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Uber take a stake in DD after exiting China?

To compete directly with DD

To completely exit the Chinese market

To maintain a presence and benefit from the Chinese ride-hailing market

To focus solely on the U.S. market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge did Uber face after DD went public?

Regulatory changes in China affecting DD and other tech companies

A decline in global ride-hailing demand

Increased competition from new ride-hailing companies

A merger proposal from DD

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the pandemic affect Uber's ride-hailing services?

It caused Uber to exit several markets

It severely impacted the ride-hailing business

It had little to no impact

It led to a significant increase in demand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What revenue growth is expected from Uber's upcoming report?

A 56% increase

No significant change

A 73% increase

A 100% increase

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent trend is observed in the U.S. ride-hailing market?

A complete halt in ride-hailing services

A shift towards public transportation

A resurgence in ride-hailing demand post-pandemic

A decline in ride-hailing services